Property prices for sale in Bangsar (Kuala Lumpur)
The prices in real estate in Bangsar, in the Kuala Lumpur region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bangsar has increased during the last 6 months. In October, the average price per sq.feet was RM 971. In November this price pretty much remained the same at a value of RM 1,001 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from RM 986 to RM 1,112.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 1,049.25 to RM 1,044 during February y March
Based upon to the price in Bangsar (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is RM 3,334,131. In November This price remains at RM 3,424,044. During the following two months (December, January) the average price had a considerable increase of 122 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 3,742,695 and RM 3,645,382.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 3,802,266 they are 80 % more affordable than the average price for Bangsar. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 1,493,015.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 774 / sq.feet, with an average RM 1,060 / sq.feet price in Bangsar. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at RM 1,046 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 3,802,266 it is 88 % cheaper than the average price in Bangsar. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Commercial". At a price of RM 7,761,923 it is 149 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 527 / sq.feet followed by "Condominium" priced at RM 959 / sq.feet. "Commercial" is the most costly type of property with a RM 1,221 / sq.feet cost followed by "Bungalow" with an average price of RM 1,139 / sq.feet.
